The United States is the greatest risk, CarbonTracker states, with a cost of $ 412 billion in stranded assets “unnecessary fossil projects in 2025. Second in risk is Canada (220 billion). Than China (179 million), Russia (147 billion ) and Australia (US $ 103 billion).
The next decade fossil energy companies will lose possibly $ 2.2 trillion in investments, according CarbonTracker in a recent report.
When something is wrong with an energy meter, the SEC shows this in an alarm screen and you will get an automatic email
The Smart Energy Connector (SEC) is a very easy and sophisticated energy registration system for businesses. This plug&play system gives insights where, how much and how much energy is being used at any moment. Read More
Two Dutch CEO’s are firmly stimulating international companies to major climate action: Paul Polman (CEO Unilever) and Peter Bakker (president of the WBCSD) are leading the ‘Low Carbon Technology Partnerships Initiative (LCTPi).
Already 86 large enterprises have signed the LCTPi. Read More
(2014) Exxon published a deeply cynical rebuke in a report to investors. The oil company argued that, because it was “highly unlikely” that governments would address climate change, it was going to carry on drilling for oil and gas regardless.
The biggest oil company in the world, ExxonMobil, gave more than $2.3m to members of Congress and a corporate lobbying group that deny climate change and block efforts to fight climate change – eight years after pledging to stop its funding of climate denial, the Guardian reported. Read More
Energy companies need flexible plants that can quickly respond to peaks in demand and supply
Because of the growth in the number of solar panels in Europe, Energy Companies have to consider new business models.
Strategy consultant Berger:
‘By 2030, solar power will supply half of the peak demands for energy.’
The fact that more and more consumers produce their own power, is forcing energy companies to think about their future. On sunny days Europe scores enormous energy surpluses. This distorts the market for energy companies. They feel the impact of solar energy and therefore must adjust their operations. Read More
Concentrated solar power (CSP) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight, or solar thermal energy, onto a small area.
Electricity is generated when the concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction. Read More